Can I retire at age 30 with 1,460,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$120,565$119,492$118,444$117,421$116,422$115,351
2 years$59,686$58,574$57,497$56,452$55,439$54,359
3 years$39,395$38,279$37,204$36,170$35,173$34,118
4 years$29,252$28,139$27,075$26,058$25,086$24,065
5 years$23,168$22,061$21,011$20,015$19,070$18,085
6 years$19,113$18,015$16,980$16,006$15,089$14,143
7 years$16,217$15,129$14,111$13,160$12,272$11,363
8 years$14,047$12,968$11,967$11,039$10,180$9,310
9 years$12,360$11,291$10,307$9,403$8,573$7,741
10 years$11,011$9,953$8,986$8,106$7,305$6,510
11 years$9,908$8,860$7,911$7,054$6,283$5,524
12 years$8,989$7,952$7,021$6,188$5,444$4,722
13 years$8,213$7,187$6,273$5,463$4,748$4,060
14 years$7,548$6,532$5,636$4,849$4,162$3,509
15 years$6,972$5,968$5,089$4,325$3,664$3,045
16 years$6,468$5,475$4,614$3,872$3,238$2,651
17 years$6,025$5,042$4,198$3,479$2,871$2,316
18 years$5,631$4,659$3,832$3,135$2,553$2,028
19 years$5,279$4,318$3,508$2,833$2,276$1,779
20 years$4,962$4,013$3,220$2,566$2,033$1,564
21 years$4,676$3,738$2,962$2,329$1,819$1,377
22 years$4,416$3,489$2,730$2,117$1,631$1,215
23 years$4,180$3,263$2,520$1,928$1,464$1,073
24 years$3,963$3,057$2,331$1,759$1,316$948
25 years$3,764$2,869$2,159$1,606$1,184$839
26 years$3,581$2,697$2,002$1,469$1,066$743
27 years$3,411$2,538$1,859$1,344$961$658
28 years$3,254$2,391$1,728$1,232$867$584
29 years$3,108$2,256$1,608$1,129$783$518
30 years$2,972$2,131$1,498$1,037$708$460
31 years$2,845$2,014$1,397$952$640$408
32 years$2,726$1,906$1,303$875$579$363
33 years$2,615$1,805$1,217$805$524$322
34 years$2,510$1,710$1,137$740$474$287
35 years$2,412$1,622$1,063$681$430$255
36 years$2,319$1,540$994$628$389$227
37 years$2,231$1,463$931$578$353$202
38 years$2,149$1,390$872$533$320$180
39 years$2,070$1,322$817$491$290$160
40 years$1,996$1,257$765$453$263$142
41 years$1,926$1,197$718$418$239$127
42 years$1,859$1,140$673$386$217$113
43 years$1,795$1,086$632$356$197$100
44 years$1,735$1,035$593$329$178$89
45 years$1,677$987$557$304$162$80
46 years$1,622$942$523$281$147$71
47 years$1,570$899$491$259$134$63
48 years$1,519$858$462$240$121$56
49 years$1,471$819$434$221$110$50
50 years$1,425$783$408$205$100$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,460,000, adding $4,893 every year, while hoping to spend $38,928 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 68/16/16 Blend
29$1,460,000$1,460,000$1,460,000$1,460,000
30$1,613,967$1,536,587$1,513,957$1,717,274
31$1,737,173$1,570,461$1,523,256$1,820,659
32$1,871,641$1,604,690$1,531,561$1,928,650
33$2,018,478$1,639,250$1,538,799$2,045,793
34$2,178,905$1,674,115$1,544,891$2,172,984
35$2,354,264$1,709,257$1,549,755$2,311,212
36$2,546,032$1,744,644$1,553,305$2,461,563
37$2,755,837$1,780,241$1,555,450$2,625,238
38$2,985,471$1,816,011$1,556,096$2,803,556
39$3,236,906$1,851,913$1,555,142$2,997,974
40$3,512,315$1,887,902$1,552,485$3,210,093
41$3,814,092$1,923,929$1,548,013$3,441,682
42$4,144,870$1,959,943$1,541,613$3,694,687
43$4,507,553$1,995,886$1,533,163$3,971,254
44$4,905,336$2,031,697$1,522,536$4,273,747
45$5,341,741$2,067,311$1,509,602$4,604,771
46$5,820,645$2,102,656$1,494,220$4,967,197
47$6,346,319$2,137,655$1,476,245$5,364,190
48$6,923,470$2,172,225$1,455,525$5,799,237
49$7,557,279$2,206,280$1,431,900$6,276,180
50$8,253,456$2,239,723$1,405,204$6,799,254
51$9,018,292$2,272,452$1,375,262$7,373,128
52$9,858,715$2,304,360$1,341,890$8,002,944
53$10,782,359$2,335,328$1,304,898$8,694,373
54$11,797,633$2,365,233$1,264,086$9,453,663
55$12,913,802$2,393,940$1,219,244$10,287,698
56$14,141,075$2,421,307$1,170,153$11,204,070
57$15,490,696$2,447,183$1,116,585$12,211,140
58$16,975,056$2,471,404$1,058,299$13,318,129
59$18,607,807$2,493,798$995,047$14,535,195
60$20,403,989$2,514,180$926,567$15,873,536
61$22,380,175$2,532,353$852,586$17,345,492
62$24,554,623$2,548,109$772,818$18,964,664
63$26,947,452$2,561,225$686,966$20,746,041
64$29,580,831$2,571,463$594,717$22,706,144
65$32,479,183$2,578,572$495,748$24,863,181
66$35,669,422$2,582,285$389,718$27,237,218
67$39,181,203$2,582,316$276,273$29,850,370
68$43,047,200$2,578,364$155,042$32,727,013
69$47,303,418$2,570,108$25,640$35,894,009
70$51,989,531$2,557,208$0$39,380,963
71$57,149,255$2,539,302$0$43,239,704
72$62,830,759$2,516,008$0$47,492,913
73$69,087,123$2,486,919$0$52,175,915
74$75,976,837$2,451,605$0$57,332,466
75$83,564,350$2,409,610$0$63,010,787
76$91,920,684$2,360,450$0$69,264,015
77$101,124,095$2,303,614$0$76,150,707
78$111,260,820$2,238,559$0$83,735,395
79$122,425,887$2,164,711$0$92,089,191
80$134,724,009$2,081,464$0$101,290,461
81$148,270,576$1,988,174$0$111,425,564
82$163,192,741$1,884,161$0$122,589,671
83$179,630,622$1,768,706$0$134,887,659
84$197,738,622$1,641,049$0$148,435,102
85$217,686,887$1,500,386$0$163,359,365
86$239,662,911$1,345,866$0$179,800,807
87$263,873,306$1,176,592$0$197,914,103
88$290,545,752$991,613$0$217,869,707
89$319,931,144$789,928$0$239,855,461
90$352,305,963$570,477$0$264,078,370
91$387,974,882$332,141$0$290,766,555
92$427,273,642$73,738$0$320,171,409
93$470,572,223$0$0$352,569,970
94$518,278,335$0$0$388,303,802
95$570,841,264$0$0$427,690,051
96$628,756,115$0$0$471,086,744
97$692,568,487$0$0$518,902,728
98$762,879,616$0$0$571,588,543
99$840,352,059$0$0$629,640,681
100$925,715,941$0$0$693,606,265